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813 12TH STREET E
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Beds
0
Baths
1
Sqft
1,824
Year
1922
Type
Single Family
On market
0d
Solid Nutana Revenue Property! Excellent opportunity to acquire a well-maintained triplex in one of Saskatoon's most sought-after neighbourhoods. Situated on a mature residential street in Nutana, this character property offers three self-contained suites, including two 2-bedroom units and one spacious 3-bedroom unit, providing strong appeal to a wide range of tenants. The property has seen numerous improvements over the years, including plumbing upgrades approximately 15 years ago, electrical updates, and a recently inspected furnace with upgrades and a new motherboard. The front portion of the roof received new shingles in 2025, while the rear roof is estimated to have approximately eight years of remaining life. Tenants enjoy access to high-quality commercial coin-operated laundry facilities located next door(815 12th Street E), providing additional convenience and potential supplemental income. The building has been consistently maintained making it an attractive option for investors seeking a stable, turnkey asset. Located just minutes from Broadway Avenue, downtown Saskatoon, the University of Saskatchewan, parks, schools, and riverbank amenities, this property benefits from a highly desirable location with strong long-term rental demand. A fantastic opportunity to add a quality Nutana investment property to your portfolio. **Must be sold with 815 12th Street East MLS#SK038718. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5 × 6 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.87%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,723
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saskatoon. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.